Elsmere, DE Cost Of Living
Cost Of Living In Elsmere, DE Summary
Cost of living in Elsmere research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Elsmere is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Delaware, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Elsmere is 103, with 100 being the average.
The cost of living index in Elsmere is 1.0x higher than the national average.
Elsmere ranks as the #2 cheapest in Delaware out of 18.
Elsmere ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Elsmere is $183,700.
The median income in Elsmere is $66,833.
Table Of Contents
Elsmere's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Elsmere, DE?
According to the most recent data on the cost of living, Elsmere has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Delaware, Elsmere has a cost of living index that's 1.0x lower than Delaware's index of 103.
The standard of living in Elsmere ranks as #2 most affordable out of the 18 places we measured in Delaware. By definition, that implies Elsmere ranks as the #16 most expensive place in the First State.
For more reading on life in Elsmere, check out:
- Living In Elsmere
- Elsmere Crime Report
- Search Homes For Sale In Elsmere, DE
In Delaware
In America
Elsmere Cost Of Living Vs. Delaware
Six factors go into calculating the cost of living index in Elsmere. Here is how it fairs on each of the criteria:
The Services index in Elsmere is 108.
The Groceries index in Elsmere is 124.
The Health index in Elsmere is 115.
The Housing index in Elsmere is 94.
The Transportation index in Elsmere is 114.
The Utilities index in Elsmere is 84.
| Living Expense | Elsmere | Delaware | National Average | |
|---|---|---|---|---|
| Overall | 103 | 103 | 100 | |
| Services | 108 | 105 | 100 | |
| Groceries | 124 | 103 | 100 | |
| Health | 115 | 104 | 100 | |
| Housing | 94 | 101 | 100 | |
| Transportation | 114 | 109 | 100 | |
| Utilities | 84 | 95 | 100 | |
Elsmere, DE Housing Cost Breakdown
Housing swings affordability the most between places in Delaware, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Elsmere is $183,700.
The Median Rent in Elsmere is $1,098.
The Median Income in Elsmere is $66,833.
The Home Value To Income in Elsmere is 2.7x.
The Rent To Monthly Income in Elsmere is 0.2x.
| Statistic | Elsmere | Delaware | United States |
|---|---|---|---|
| Median Home Value | $183,700 | $269,700 | $244,900 |
| Median Rent | $1,098 | $1,199 | $1,163 |
| Median Income | $66,833 | $72,724 | $69,021 |
| Home Value To Income | 2.7x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Elsmere, DE Costs By Category
Detailed Elsmere Services Costs Vs. Delaware
Detailed Elsmere Groceries Costs Vs. Delaware
Detailed Elsmere Health Costs Vs. Delaware
Detailed Elsmere Transportation Costs Vs. Delaware
Detailed Elsmere Utilities Costs Vs. Delaware
Elsmere SnackAbility
/10
Cost Of Living In Cities Around Elsmere
The cost of living varies in the cities and towns around Elsmere. Here's a quick look at the cost of living in the most populous nearby places:
Wilmington, DE has a cost of living index of 103, 1.0x Elsmere.
West Chester, PA has a cost of living index of 124, 1.2x Elsmere.
Hockessin, DE has a cost of living index of 141, 1.4x Elsmere.
| City | Population | Cost Of Living | Vs. Elsmere |
|---|---|---|---|
| Wilmington, DE | 70,926 | 103 | 1.0x |
| West Chester, PA | 18,592 | 124 | 1.2x |
| Hockessin, DE | 13,464 | 141 | 1.4x |
| Pike Creek Valley, DE | 11,718 | 116 | 1.1x |
| Woodlyn, PA | 10,332 | 106 | 1.0x |
| Village Green-Green Ridge, PA | 8,592 | 112 | 1.1x |
| Folsom, PA | 8,430 | 111 | 1.1x |
| Wilmington Manor, DE | 8,212 | 106 | 1.0x |
| Pike Creek, DE | 7,398 | 131 | 1.3x |
| Ridley Park, PA | 7,131 | 112 | 1.1x |
